SoSoValue, the crypto market data provider, successfully launched its SOSO token, which rose 35.3% to reach $1.13 on January 25, 2025. The token expressed a 35.3% increase during this period to achieve a $1.13 value on Saturday following its previous all-time high of $1.42 earlier during the week.
SoSoValue launched its SOSO token within two days following their successful achievement of a $15 million Series A funding round. SoSoValue utilized this financing round to reach a valuable market assessment of $200 million. The venture capital firms SmallSpark.ai and HongShan (formerly Sequoia China) took the lead in the funding round as they demonstrated confidence in the platform’s future outlook.
SoSoValue Develops Index Protocol for Crypto Investors
SoSoValue uses its newly acquired funds to develop its index protocol, which provides diverse access to major cryptocurrency assets. The new protocol consists of wrapped tokens that target leading assets and emerging meme tokens alongside decentralized finance initiatives together with stability tokens and utility-based assets.
The indices protocol foundation utilizes Base, which represents an Ethereum Layer-2 scaling solution supported by Coinbase to provide users with a streamlined investment framework.
SoSoValue continues its upward trajectory by launching on Launchpool, which establishes a new mining event to attract its expanding user base. The upcoming event will increase both adoption levels and market presence for SOSO tokens and future projects.
The 24-hour trading statistics reveal SOSO token has reached $61.2 million volume, marking SoSoValue’s successful entry into the crypto analytics industry. Through its sector-specific indices and community-based initiatives, the company demonstrates its dedication to driving digital asset accessibility and innovative contributions in the ecosystem.
The crypto market evolution will be shaped by SoSoValue’s strategic decisions, which position them for future advancements in investment tools and data-forward decision platforms.
